Tether pushed back Wednesday after S&P Global Ratings downgraded USDT’s stability assessment to its lowest tier, arguing the agency relied on outdated assumptions and ignored the stablecoin’s decade-long record of maintaining its peg. Tether Rebukes S&P After USDT Stability Score Falls to Lowest Tier S&P cut USDT’s stability score to 5 — the weakest level […]
On-chain money market funds have grown nearly tenfold since 2023, but the Bank
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